The Troy Savings Bank
Troy, NY — Domestic Branch of a Domestic Bank
Acquired Jan 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The Troy Savings Bank | All Insured Savings Banks in New York |
Interest and Fees on Loans | 49,439 | 71,912 |
Income from Lease Financing Receivables | — | 5,625 |
707 | 270 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 337 | 131 |
Income on Loans and Leases (TE) | 49,776 | 72,157 |
Investment Interest Income (TE) | 5,938 | 27,594 |
Total Interest Income (TE) | 56,645 | 103,582 |
Total Interest Expense | 16,221 | 34,734 |
Net Interest Income (TE) | 40,424 | 68,848 |
Non-Interest Income | 6,871 | 13,073 |
Adjusted Operating Income (TE) | 47,295 | 81,922 |
Non-interest Expense | 29,892 | 37,236 |
Provision for Loan & Lease Losses | 682 | 1,285 |
Pretax Operating Income (TE) | 16,721 | 44,275 |
Pretax Net Operating Income (TE) | 18,169 | 47,987 |
Applicable Income Taxes | 6,576 | 16,442 |
Net Operating Income | 10,871 | 31,327 |
Net Income | 10,871 | 31,327 |
Cash Dividends Declared | 9,250 | 132,317 |
Retained Earnings | 1,621 | 21,201 |